Financials
- Fiscal year
- 2025
- Total assets
- €64,313
- Loss
- -€16,444
- Solvency
- -54.6%
Total assets▼ 42.4%
Net result
20182025
THEBLACKBOX.ORG
ActiveSummary
THEBLACKBOX.ORG has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€35,137) and a net result of -€16,444. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 19955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200Full-service restaurants NACE 56111IT consultancy NACE 62020
2 sites
Size
€64,313total assets 2025
- Equity
- -€35,137
- Loss
- -€16,444
Turnover not published (abridged schema)
Structure
Accounts 80 d early0 of 3 deeds read
Why 53Capped at 59: negative equity- Negative equity -€35,137- Loss of €16,444, the second in a row (FY 2025)+ Size: total assets €64,313+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0-8
equity -54.6% of total assets
Liquidity
10-14
short-term debt 105.8% · cash 8.2%
Profitability
50-2
return on assets -25.6%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%● 0.0% vs 12-2024
02-2025: 0.4%● 0.0% vs 01-2025
03-2025: 0.4%▲ +0.8% vs 02-2025
04-2025: 0.4%▲ +0.3% vs 03-2025
05-2025: 0.4%▼ -4.9% vs 04-2025
06-2025: 0.3%▼ -1.7% vs 05-2025lowest value
07-2025: 0.4%▲ +28.2% vs 06-2025
08-2025: 0.6%▲ +34.2% vs 07-2025
09-2025: 0.6%● 0.0% vs 08-2025
10-2025: 0.6%● 0.0% vs 09-2025
11-2025: 0.6%● 0.0% vs 10-2025
12-2025: 0.6%● 0.0% vs 11-2025
01-2026: 0.6%● 0.0% vs 12-2025
02-2026: 0.6%▼ -2.2% vs 01-2026
03-2026: 0.7%▲ +14.6% vs 02-2026
04-2026: 0.7%▼ -1.2% vs 03-2026
05-2026: 0.6%▼ -4.7% vs 04-2026
06-2026: 0.7%▲ +15.4% vs 05-2026highest value
07-2026: 0.7%● 0.0% vs 06-2026highest value
08-2026: 0.7%● 0.0% vs 07-2026highest value
09-2026: 0.7%● 0.0% vs 08-2026highest value
10-2026: 0.7%● 0.0% vs 09-2026highest value
- Size: total assets €64,313 lowers the probability for this profile
- Negative equity -€35,137 raises the probability
- Loss of €16,444, the second in a row (FY 2025) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
No credit on open account
Liquidity short (current ratio 0.32 against 0.4 in 2024; short-term debt: 105.8% and cash: 8.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 3%, liquidity 4%, profitability 21%, growth against the median 7%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€35,137
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
9 d early
2023
15 d early
2022
12 d early
2021
25 d early
2020
30 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€16,444
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€35,137 View
- Caution: Among the weakest 5% on solvencysector median 60.3% · 19,955 companies -54.6% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€16,444 View
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 12-05-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 22-07-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 26-09-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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